Textor Family Foundation

Textor Family Foundation maintains strong assets with zero executive compensation despite recent operational deficit.

EIN: 133637703 · Locust Valley, NY · Updated: 2026-03-28

$3.3MRevenue

$10.2MAssets

90/100Mission Score (Excellent)

About Textor Family Foundation

Textor Family Foundation (EIN: 133637703) is a nonprofit organization based in Locust Valley, NY. The organization reported total revenue of $3.3M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Textor Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Textor Family Foundation demonstrates consistent financial activity over the past decade, with revenues fluctuating but generally maintaining a healthy asset base. In the latest reported period (202405), the foundation reported revenues of $1,587,459 against expenses of $2,227,197, indicating a deficit for that year. However, its assets remain robust at $9,549,572, suggesting a strong endowment or investment strategy that can absorb periodic operational deficits. The foundation consistently reports zero officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries.

Spending efficiency appears to be high given the zero officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess efficiency beyond the executive compensation aspect. However, the consistent asset growth and the absence of liabilities (reported as $1 in recent years, effectively zero) point to sound financial management.

Transparency is excellent regarding executive compensation, as it consistently reports $0. The foundation's consistent filing of IRS Form 990s over nine periods also contributes to its transparency, allowing public scrutiny of its financial activities. The lack of an NTEE code, however, makes it difficult to benchmark its activities against similar organizations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Textor Family Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Textor Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as $0 across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly commendable for a foundation of its size with assets over $9 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Textor Family Foundation's IRS 990 filings:

NTEE code is unknown, making it difficult to understand the specific focus of the foundation's charitable activities.

Strengths

The following positive indicators were identified for Textor Family Foundation:

Consistent zero officer compensation, indicating high efficiency in directing funds to mission.
Strong and growing asset base, providing financial stability (e.g., $9,549,572 in 202405).
No significant liabilities reported across all filing periods.
Consistent IRS 990 filing history, demonstrating good governance and transparency.

Frequently Asked Questions about Textor Family Foundation

What is the Textor Family Foundation's primary mission or program area?

Based on the provided data, the NTEE code is unknown, making it difficult to ascertain the specific mission or program areas the Textor Family Foundation supports. Further investigation into their 990 filings (Part III, Statement of Program Service Accomplishments) would be necessary.

How does the foundation cover its expenses when revenue is less than expenses, as seen in 202405?

In periods where expenses exceed revenue (e.g., 202405 with $1,587,459 revenue and $2,227,197 expenses), the foundation likely draws from its substantial asset base, which stood at $9,549,572 in 202405, or from investment returns not classified as direct revenue.

What is the trend in the foundation's asset growth?

The foundation's assets have shown a general upward trend, growing from $8,954,284 in 201205 to $9,549,572 in 202405, indicating prudent financial management and growth over the long term.

Filing History

IRS 990 filing history for Textor Family Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2024), Textor Family Foundation's revenue has declined by 60.9%, moving from $4.1M to $1.6M. Total assets increased by 6.6% over the same period, from $9.0M to $9.5M. Total functional expenses fell by 25.8%, from $3.0M to $2.2M. In its most recent filing year (2024), Textor Family Foundation reported a deficit of $640K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$1.6M	$2.2M	$9.5M	$1	—	View 990
2023	$1.8M	$1.3M	$9.7M	$1	—	View 990
2022	$1.9M	$1.1M	$9.4M	$1	—	View 990
2021	$1.3M	$865K	$8.9M	$1	—	View 990
2020	$1.5M	$1.1M	$9.0M	$1	—	View 990
2015	$950K	$1.0M	$8.6M	$0	—	View 990
2014	$2.2M	$948K	$9.0M	$0	—	View 990
2013	$3.3M	$3.0M	$8.5M	$0	—	View 990
2012	$4.1M	$3.0M	$9.0M	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $1.6M, expenses of $2.2M, and assets of $9.5M (revenue -12.5% year-over-year).
2023: Revenue of $1.8M, expenses of $1.3M, and assets of $9.7M (revenue -2.2% year-over-year).
2022: Revenue of $1.9M, expenses of $1.1M, and assets of $9.4M (revenue +48.4% year-over-year).
2021: Revenue of $1.3M, expenses of $865K, and assets of $8.9M (revenue -13.8% year-over-year).
2020: Revenue of $1.5M, expenses of $1.1M, and assets of $9.0M (revenue +52.6% year-over-year).
2015: Revenue of $950K, expenses of $1.0M, and assets of $8.6M (revenue -57.5% year-over-year).
2014: Revenue of $2.2M, expenses of $948K, and assets of $9.0M (revenue -32.0% year-over-year).
2013: Revenue of $3.3M, expenses of $3.0M, and assets of $8.5M (revenue -18.9% year-over-year).
2012: Revenue of $4.1M, expenses of $3.0M, and assets of $9.0M.

Data Sources and Methodology

This transparency report for Textor Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.